A recent report published by Infinium Global Research on nanoparticle tracking analyzer market provides an in-depth analysis of segments and sub-segments in the global as well as regional nanoparticle tracking analyzer market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional nanoparticle tracking analyzer market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global nanoparticle tracking analyzer market. According to the report, the global nanoparticle tracking analyzer market is projected to grow at a CAGR of 8.73% over the forecast period of 2019-2025.
The emergence of nanotechnology has changed the dynamics of several end-use industries. The use of nanotechnology in the field of drug development is crucial. Several types of nanoparticles are been used in medicines as a drug or as a drug carrier. After the deployment of nanoparticles, they needed to be tracked to analyze their performance. The nanoparticle tracking analyzer comes in action to detect and track the nanoparticles in the medium. The nanoparticle tracking analyzer market is new and fragmented in nature. Several well-established, as well as new market players, are competing with each other in the industry. The key players in the market including Agilent Technologies, Inc., Bruker Corporation, Beckman Coulter Inc., IKO Science, and others are focusing on developing innovative and effective instruments to track the nanoparticles in the media.
The increase in drug discovery by pharmaceutical and biotechnology companies is majorly driving the nanoparticle tracking analyzer market. The major application of the nanoparticle tracking analyzer is for drug discovery and drug development. As the pharmaceutical and biotechnology are focusing more on drug discovery and development, the demand for the nanoparticle tracking analyzers is increasing. Moreover, the growing focus on the development of novel targeted therapeutics is expanding the demand for nanoparticle tracking analyzers. Nanotechnology has developed drugs that only react with targeted cell or protein. The activity and toxicity of such kind of drugs can be analyzed by the nanoparticle tracking analyzers. However, the high cost of instruments is the major restraining factor for the growth of the nanoparticle tracking analyzer market. Nevertheless, the growing demand for several applications from various end-users is expected to offer lucrative opportunities for the key players in the nanoparticle tracking analyzer market.
In terms of geography, North America held the highest market share, dominating the global nanoparticle tracking analyzer market. The dominance of the North America region attributed to the presence of a large number of testing laboratories, research facilities, sub-contract laboratories, and pharmaceutical companies. Moreover, the huge investment by the pharmaceutical and biotechnology companies is expected to boost the growth of the nanoparticle tracking analyzer market in North America. The European nanoparticle tracking analyzer market is the second largest in terms of value.
The report on global nanoparticle tracking analyzer market covers segments such as type, distribution channel, and application. On the basis of type, the sub-markets include consumables, and instruments. On the basis of the distribution channel, the sub-markets include online stores, and special stores. On the basis of application, the sub-markets include protein aggregation, virology and vaccine development, drug delivery and targeting, exosome and microvesicle research, and other applications.
The report provides profiles of the companies in the market such as Agilent Technologies, Inc., Bruker Corporation, Beckman Coulter Inc., IKO Science, Particle Metrix, TSI Inc., Wyatt Technology Corporation, Hitachi High-Technologies Corporation, Microtrac, and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of nanoparticle tracking analyzer market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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